ADVISORY COLUMN: INSURANCE HELPLINE My plan to offer readers some viewpoints for property insurance rates in 2020 was almost foiled. None of the intended local sources – one, a vice president in the country’s biggest non-life insurers, the other...
ADVISORY COLUMN: PRODUCTIVITY Have you ever wondered why a few high-performers insist on scheduling, that is, time-blocking, their entire day? It’s not because they are indulging in an idle pastime. Instead, they are resorting to this little-...
QUESTION: I am doing a certificate course at the HEART Trust/NTA in the field of data operations. Do persons who graduate from a HEART Trust institution get a good paying job, especially those in my field? I’m concerned because I don’t want to sit...
Seafood exporter B&D Trawling is reeling from the impact of the coronavirus on its Chinese market, and facing the prospect of having to lay off half of his 200 workers, the head of the company says...
The owners of Future Energy Source Company, which trades as Fesco, have laid out a busy year for capital projects, which will culminate with them going to the market for equity financing. If Fesco follows through, it will become the first fuel...
The JSE Combined Index advanced on Friday with an advance/ decline ratio of 37/24. The index advanced by 1,168.89 points to close at 477,898.37. The JSE Index advanced by 855.61 points to close at 484,443.02 and the JSE All Jamaican Composite Index...
Six American oil executives under house arrest in Venezuela were rounded up by police hours after President Donald Trump met Venezuelan President Nicolás Maduro’s chief opponent at the White House, according to family members of the men. Alirio...
The joint trustees of Jamaica Beverages Limited, JBL, have received seven bids for the business and assets of the juice and milk manufacturer. The trustees, which put up Jamaica Beverages for sale last November, would be looking for the business...
Gassan Azan Jr has built a multibillion-dollar group of businesses largely by pioneering his own private investment-financing arrangements along the way, he says. With Jamaican and overseas holdings spanning retail, finance and entertainment, the...
Kaya, the first medical marijuana company to open shop in Jamaica two years ago, became an exporter on Wednesday with a shipment of cannabis oil to Cayman Islands. “Currently, we have three more orders for the remainder of the year, but that can...
Jamaican Teas Limited, JAMT, stumbled to a first-quarter loss of $44 million, despite a 15 per cent improvement in sales. The group’s descent into red flowed from the performance of its spin-off investment company QWI Investments Limited, which...
A bout a year ago, the United States Federal Reserve officials were nervous. Markets were cratering. Fear about a trade war was rising. The officials needed to know if the turmoil was chilling consumer spending. Problem was, a partial shutdown of...
D own one country with the departure of the United Kingdom, the European Union’s, EU, executive proposed a new system for adding members in a move made all the more urgent by French objections to open enlargement talks with two Western Balkan...
With the Jamaican dollar once again trading past $141 to the US currency, there continues to be market apprehension and heightened uncertainty around the volatility of the foreign exchange rate. However, the Bank of Jamaica, BOJ, continues to...
S tarbucks plans to introduce Jamaica high mountain coffee in local stores, a less pricey bean grown in a key region outside the famous Blue Mountains. Experts say it will nudge coffee exports and raise the profile of high mountain coffee, but is...
The privatisation of the pension fund system in Latin America was hailed as one of the most important developments of the 1990s. A major challenge for developing countries is the lack of local savings. By definition, developing countries are in...
The JSE Combined Index declined on Thursday with an advance/ decline ratio of 22/42. The combined index declined by 2,431.26 points ( 0.51 per cent) to close at 476,729.48. The Main Index declined by 2,132.31 points ( 0.44 per cent) to close at 483...
A major Spanish hotel chain said Wednesday that the US State Department informed the CEO that he is barred from entering the United States because of his company’s business interests in Cuba. Meliá Hotels International SA said in a statement it...
Canadian company Green Stripe Naturals has pumped roughly US$1.5 million in the acquisition of a 49 per cent stake in local marijuana company Green Peak Growers and the build-out of a 20-acre cannabis farm in Toll Gate, Clarendon. Green Stripe,...
GraceKennedy Limited is exploring the expansion of the Hi-Lo supermarket chain through a mix of express stores and its traditional retail outlets. Group CEO Don Wehby told the Financial Gleaner that the company is currently in discussion with a...
Racquell Brown initially worked with a coffee making company as a marketer. She started a small business “on the side” when the company started to retrench its workforce as the global recession took root in 2009. By the time the axe fell on her...
Morgan’s Harbour Hotel now has a new owner, a Malta-based company that took possession last month following a court ruling ordering the former operator to vacate the property. The sale price to Grand Hotel Excelsior Limited has not been disclosed...
TransJamaican Highway Limited, TJH, which operates the East-West leg of Highway 2000, plans to raise up to $14 billion through an initial public offering on the market at $1.41 per share. The offer will open on February 17 and close March 9. But...
Global business is catching a chill from China’s virus outbreak. Mink breeders in Denmark called off a fur auction because Chinese buyers can’t attend due to travel curbs imposed to contain the disease. Airlines have cancelled 25,000 flights to and...
The World Health Organization (WHO), is working with Google to ensure that people get facts from the WHO first when they search for information about the new virus that recently emerged in China. Director General Tedros Adhanom Ghebreyesus told...
